Poland Retail December 2015


Poland: Retail sales growth accelerates in December

January 22, 2016

In December, retail sales rose 4.9% over the same month last year, which was above November’s 3.3% increase and marked the strongest increase since April 2014. The reading overshot the 3.5% rise that markets had expected. The acceleration came on the back of better performances in six of the nine categories that comprise the index, compared to last month, with newspapers and books as well as household appliances recording the most significant improvement.

As a consequence, annual average growth in retail sales inched up from November’s 1.1% to 1.3% in December, which marked a nine-month high.

FocusEconomics Consensus Forecast panelists see private consumption growing 3.3% in 2016, which is unchanged from last month’s forecast. For 2017, the panel also sees private consumption expanding 3.3%.

Author:, Economist

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Poland Retail Chart

Poland Retail December 2015 0

Note: Year-on-year and annual average variation in %.
Source: Central Statistical Office (GUS) and FocusEconomics calculations.

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